Fundamental: UK growing faster than Europe: PMI`s, GDP, housing, spending. Technical: Double tailed figure. Inverted tail in last daily candle is bearish. Sentiment: Retailers are more bullish on EUR than on GBP which is bearish.
This would be a nice entry opportunity for a long term short.
Entry point at 0,8530 Stop if the day closes higher than 0,855 first target: 0,841